Town & Country Bank & Trust CO dba First Bankers Trust CO Has $1.78 Million Stock Holdings in NextEra Energy, Inc. (NYSE:NEE)

Town & Country Bank & Trust CO dba First Bankers Trust CO decreased its position in NextEra Energy, Inc. (NYSE:NEE) by 5.5% during the first quarter, HoldingsChannel reports. The firm owned 27,889 shares of the utilities provider’s stock after selling 1,633 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in NextEra Energy were worth $1,782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. GSG Advisors LLC boosted its holdings in NextEra Energy by 2.6% during the first quarter. GSG Advisors LLC now owns 6,509 shares of the utilities provider’s stock worth $407,000 after purchasing an additional 162 shares during the last quarter. Greenfield Savings Bank boosted its stake in shares of NextEra Energy by 0.5% during the 4th quarter. Greenfield Savings Bank now owns 32,220 shares of the utilities provider’s stock worth $1,957,000 after buying an additional 163 shares during the last quarter. Bay Harbor Wealth Management LLC grew its holdings in shares of NextEra Energy by 22.7% in the 4th quarter. Bay Harbor Wealth Management LLC now owns 930 shares of the utilities provider’s stock valued at $56,000 after acquiring an additional 172 shares in the last quarter. MKT Advisors LLC grew its holdings in shares of NextEra Energy by 2.9% in the 4th quarter. MKT Advisors LLC now owns 6,233 shares of the utilities provider’s stock valued at $387,000 after acquiring an additional 173 shares in the last quarter. Finally, First Pacific Financial increased its position in shares of NextEra Energy by 2.0% in the fourth quarter. First Pacific Financial now owns 8,885 shares of the utilities provider’s stock valued at $540,000 after acquiring an additional 177 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NextEra Energy stock traded down $2.91 on Friday, hitting $70.81. The stock had a trading volume of 23,935,557 shares, compared to its average volume of 12,340,414. The stock has a market cap of $145.48 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 2.42 and a beta of 0.56. The company has a quick ratio of 0.43, a current ratio of 0.51 and a debt-to-equity ratio of 1.12. NextEra Energy, Inc. has a twelve month low of $47.15 and a twelve month high of $80.47. The business’s 50 day moving average is $73.25 and its two-hundred day moving average is $64.50.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Tuesday, April 23rd. The utilities provider reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.11. The business had revenue of $5.73 billion during the quarter, compared to the consensus estimate of $6.28 billion. NextEra Energy had a return on equity of 11.72% and a net margin of 27.62%. The firm’s quarterly revenue was down 14.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 EPS. Analysts forecast that NextEra Energy, Inc. will post 3.4 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Monday, June 3rd were given a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend was Monday, June 3rd. NextEra Energy’s dividend payout ratio is 56.13%.

Analyst Ratings Changes

A number of research firms have weighed in on NEE. Barclays decreased their price target on NextEra Energy from $74.00 to $73.00 and set an “equal weight” rating for the company in a research note on Thursday, June 13th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $78.00 to $79.00 and gave the stock an “outperform” rating in a report on Wednesday, June 12th. StockNews.com upgraded shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Thursday, May 2nd. Evercore ISI boosted their price objective on shares of NextEra Energy from $70.00 to $75.00 and gave the stock an “in-line” rating in a research note on Wednesday, June 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of NextEra Energy from $76.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, June 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $77.57.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.